4 ms·

I'm not saying Z is the cause of the crisis, it's more like them trying to capitalize on it. How bad you view this is based on your political quadrant, so fair

by enlyth 5y ago

I'm not saying Z is the cause of the crisis, it's more like them trying to capitalize on it. How bad you view this is based on your political quadrant, so fair enough to those who don't think it's a problem. What I'm trying to bring attention to is that our generation is frustrated, we are priced out of owning a home unless we have some massive help from our parents or inheritance, and being repeatedly told that we will own nothing and it is for our own good is demoralizing. There might be a sizeable portion of people who do have help from their family of putting down massive six figure deposits or are up on their luck from investments, but I still think it's important to bring attention to the housing crisis for those of us who haven't had the same sort of luck.

AussieWog93 5y ago
>What I'm trying to bring attention to is that our generation is frustrated, we are priced out of owning a home unless we have some massive help from our parents or inheritance, and being repeatedly told that we will own nothing and it is for our own good is demoralizing. I don't disagree with you, and I'm in the same boat personally (young family currently renting, looks like we'll be able to afford a house but only because one of our businesses has taken off in a massive way). I just feel like we as a generation, when expressing our frustration, obsess over who has what rather than the systemic obsctacles getting in the way of us gaining a stake in society. Screaming at people who have more than us is cathartic, but ultimately achieves nothing. We need to refocus our efforts towards solutions that are achievable and impactful.
- mistrial9 5y ago
  the reward for your pacifist approach is that you now rent, with a young family.
  - AussieWog93 5y ago
    Please re-read my comment. I never advocated for a "pacifist approach", but if we want housing to be affordable we need to pick the right battles. Advocating for things like tax reform, financial restrictions which limit the utility of residential property as an investment vehicle, incentives for empty nesters to downsize, less restrictions on property development, or even high-speed rail between metro areas and regional hubs will all put downwards pressure on property prices. Misdirected frustration, unfortunately, will not.
Pxtl 5y ago
The "own nothing" wouldn't be so bad if there were massive reasonably priced rental units being built, but that's not a thing either. NIMBYism is killing rental too.
- kavalg 5y ago
  "own nothing" may be good in a competitive market with lots of small players that can't feasibly fix prices and engage in cartels. Reality has not been like that. At least where my sight reaches, every commodity our days is engaged in cartels and (somewhat) regulated.
miked85 5y ago
> I'm not saying Z is the cause of the crisis What crisis are you referring to?

by enlyth 5y ago

AussieWog93 5y ago

>What I'm trying to bring attention to is that our generation is frustrated, we are priced out of owning a home unless we have some massive help from our parents or inheritance, and being repeatedly told that we will own nothing and it is for our own good is demoralizing. I don't disagree with you, and I'm in the same boat personally (young family currently renting, looks like we'll be able to afford a house but only because one of our businesses has taken off in a massive way). I just feel like we as a generation, when expressing our frustration, obsess over who has what rather than the systemic obsctacles getting in the way of us gaining a stake in society. Screaming at people who have more than us is cathartic, but ultimately achieves nothing. We need to refocus our efforts towards solutions that are achievable and impactful.

mistrial9 5y ago
the reward for your pacifist approach is that you now rent, with a young family.
- AussieWog93 5y ago
  Please re-read my comment. I never advocated for a "pacifist approach", but if we want housing to be affordable we need to pick the right battles. Advocating for things like tax reform, financial restrictions which limit the utility of residential property as an investment vehicle, incentives for empty nesters to downsize, less restrictions on property development, or even high-speed rail between metro areas and regional hubs will all put downwards pressure on property prices. Misdirected frustration, unfortunately, will not.

Pxtl 5y ago

The "own nothing" wouldn't be so bad if there were massive reasonably priced rental units being built, but that's not a thing either. NIMBYism is killing rental too.

kavalg 5y ago
"own nothing" may be good in a competitive market with lots of small players that can't feasibly fix prices and engage in cartels. Reality has not been like that. At least where my sight reaches, every commodity our days is engaged in cartels and (somewhat) regulated.

miked85 5y ago

> I'm not saying Z is the cause of the crisis What crisis are you referring to?